The story of this market
The typical home in Fallon County, Montana sells for about $200,652, or $115 per square foot.
Prices are up +7.5% from a year ago, so sellers still have some momentum. Homes take about 128 days to sell, which is slow. Over the long run, values in this county have grown 214% since 2003. The biggest natural hazard here is cold wave, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $1,404 a month.
HUD sets the fair market rent for a 2-bedroom at $1,404 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively High.
Price climate
Every year of price change, 2003–2025
0%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2006 (+33.1%). Worst: 2016 (-5.9%). Hover to read a year.
Monthly price momentum
Home values since 2015
+2.9%
MT · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,944
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2003–2025
0%
2025 change
FHFA repeat-sales index, median of 1 census tracts in this county (2003 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
91
Relatively High
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $4,305,215.
Mortgage activity
Home lending in this county
71.7%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 77 | 43 | 71.7% | 0% | $175,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Fallon County, Montana
The Fallon County housing market remains stable with modest price appreciation driven by low inventory and consistent demand in the agricultural and energy sectors. While sales volume is low, the market shows resilience with steady value growth over the past year.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 1 city · 1 ZIP report
Median prices moved sideways 0.0% year over year.
Homes spend a median of 142 days on market with 2.4 months of supply — a balanced-paced market.
3% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 9.4% — a stable, low-distress profile.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Fallon County, Montana — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 27
| 59313 | Baker | $179,000 | $95 | — | 142 | 98% | 3% | 2.4 | 31 | $776 | researched Sep 27 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The local economy is heavily anchored by agriculture and energy-related industries, which drive regional economic stability.
Property taxes in Fallon County are administered by the Montana Department of Revenue based on assessed market values, with specific mill levies set by local taxing jurisdictions including the county, school districts, and special service districts.
The economy is primarily driven by agriculture and energy production, with significant land value tied to these sectors.
The Montana Department of Revenue oversees the assessment of property values for tax purposes across the county.
Parcels are subject to various mill levies for school districts, county services, and local special districts.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Located in Baker, this is a central historic anchor for the county seat.
Data sourced from US Census Bureau QuickFacts and ACS profiles.
applies when — Property owned by the state or other exempt entities held by a private party under a contract of sale
The property is assessed and taxed to the private holder as if they held legal title, without deduction for unpaid purchase price.
MCA 15-24-1202
Property is valued by the Department of Revenue; tax is calculated by applying the state-determined tax rate to the taxable value (Market Value x Tax Rate). Homestead and long-term rental reduced tax rates are available via enrollment.
Montana Department of Revenue Property Assessment Division
applies when — Residential property on a parcel exceeding 40 acres
Requires judicial foreclosure through a sheriff's sale; includes a 1-year right of redemption during which the borrower may remain in the residence.
MCA 71-1-224
applies when — Residential property on a parcel of 40 acres or less
Allows for non-judicial foreclosure via trustee sale; no right of redemption exists for the borrower after the sale; deficiency judgments are prohibited.
MCA 71-1-315; Montana Small Tract Financing Act
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.